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Barrick confirms plans to spin off its North American gold assets
Commodities trader halves its stake for £132m after shares soar
BMW heiress Susanne Klatten exits turbine maker
Booming metal prices could bring more equity deals
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Grand Baoxin Auto Group launched a primary equity raise on Tuesday morning that could fetch up to HK$1.03bn ($132m).
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Another vibrant week in the equity block trades market was capped off on Thursday night by two big trades in the France and the UK.
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Dena Bank is seeking shareholder consent to raise up to Rp18bn ($279m) via a qualified institutional placement, India’s latest FIG name to tap equity markets for funding.
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Barclays has sold more than half its stake in Barclays Africa, its separately listed South African subsidiary formerly known as Absa Bank, through a huge R37.7bn ($2.9bn) block trade on Wednesday night that was covered in 45 minutes.
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Chandra Asri Petrochemical is looking to bring a Rph6.2tr ($462.2m) rights-plus-block trade combo to the market, in what will be a liquidity event for the Indonesian firm.
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Morgan Stanley has given two senior bankers in Australia new roles as head of ECM and head of fixed income capital markets, according to an internal memo seen by GlobalCapital Asia.